Philippa (Pippa) Morgan Sells 20,000 Shares of Aritzia Inc (ATZ) Stock

Aritzia Inc (TSE:ATZ) insider Philippa (Pippa) Morgan sold 20,000 shares of the stock in a transaction dated Tuesday, October 16th. The shares were sold at an average price of C$18.80, for a total value of C$376,000.00.

Philippa (Pippa) Morgan also recently made the following trade(s):

  • On Wednesday, October 10th, Philippa (Pippa) Morgan sold 25,000 shares of Aritzia stock. The shares were sold at an average price of C$17.95, for a total value of C$448,750.00.
  • On Friday, October 12th, Philippa (Pippa) Morgan sold 7,500 shares of Aritzia stock. The shares were sold at an average price of C$18.35, for a total value of C$137,625.00.

Shares of ATZ traded up C$0.38 during mid-day trading on Tuesday, reaching C$18.71. The company’s stock had a trading volume of 661,495 shares, compared to its average volume of 193,431. Aritzia Inc has a 12-month low of C$10.10 and a 12-month high of C$19.00.

ATZ has been the topic of a number of recent analyst reports. TD Securities increased their price objective on Aritzia from C$20.00 to C$21.00 and gave the company a “buy” rating in a report on Friday, October 5th. CIBC increased their price objective on Aritzia from C$22.00 to C$23.00 in a report on Friday, October 5th. Royal Bank of Canada increased their price objective on Aritzia from C$21.00 to C$22.00 and gave the company an “outperform” rating in a report on Friday, October 5th. Finally, BMO Capital Markets increased their price objective on Aritzia from C$19.00 to C$20.00 and gave the company an “outperform” rating in a report on Thursday, July 12th.

Aritzia Company Profile

Aritzia Inc, together with its subsidiaries, operates as a design house and fashion retailer of women's apparel and accessories. The company designs and sells blouses, T-shirts, pants, dresses, sweaters, jackets and coats, skirts, shorts, denim, leggings, sweatshirts, bodysuits, puffers, jumpsuits, and intimates; and accessories, including hats, scarves, bags and pouches, socks and tights, belts, iPhone cases, and gloves.

Further Reading: Intrinsic Value and Stock Selection

Insider Buying and Selling by Quarter for Aritzia (TSE:ATZ)

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